Citigroup (C) Is Bullish On FCX, CLF, NUE, AKS

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Citigroup (NYSE: C) analyst Brian Yu recommended investors get into metals stocks today. He believes that these stocks are oversold and that they offer good value.

Brian Yu especially likes Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX), Cliffs Natural Resources Inc (NYSE: CLF), Nucor Corporation (NYSE: NUE) and AK Steel Holding Corporation (NYSE: AKS).

Freeport-McMoRan (FCX) is his top pick and it is trading 2% down today. FCX and Nucor (NUE) have the lowest downside risk, according to Brian Yu. Cliffs (CLF) dropped 3.6% so far and NUE lost approximately 1.5%.